Oxford Economics Expects Two BOE Rates Rises, First in November
Dow Jones10-29
1554 GMT - Oxford Economics expects the Bank of England to increase interest rates in November and then once more, given high energy costs and increased inflation risk, economist Alexander Harvey says in a note. Markets fully price in four quarter-point BOE rate rises by July, and a possible fifth rate increase by the end of 2027, LSEG data show. "We forecast one more 25 basis points hike after the November meeting, but the risks are tilted to tighter policy," Harvey says.
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